Best performing mid-sized businesses recognised in Top Track 250
FIFTEEN fast-growing companies in the West Midlands have been highlighted in the latest Sunday Times Grant Thornton Top Track 250.
The league table flags up the UK’s top performing private mid-market businesses.
Across the Midlands as a whole there are 20 new entrants to this year’s table. They include West Bromwich-based East End Foods, one of the UK’s largest importers and processors of ethnic foods. It supplies major supermarkets as well as 70% of independent Asian retailers and restaurants. The company, which has invested in a major new retail facility in Aston, has seen its sales grow 16% to reach £147m in 2012.
David Maxwell, partner, Grant Thornton, said: “It is great to see private mid-sized companies – including many which Grant Thornton have helped to support – making such a positive contribution to the UK economy.
“Impressive leadership is ensuring they prosper despite tough trading conditions, with many companies expanding through their international operations and making sure they retain and engage talented people in the UK.”
Other firms to feature include Telford-based household products maker, CeDo, Walsall utility South Staffordshire Water, Lichfield-based logistics group, Palletways and the Pertemps recruitment group, based in Meriden.
DCS Europe, of Stratford-upon-Avon, has entered the table for the first time completing a prestigious hat-trick for the business. The company has been ranked in Fasttrack 100, Techtrack 100 and now the Top Track 250.
DCS started in 1994 and is the UK’s official sales, marketing and distribution company for major manufacturers such as P&G, Unilever, Colgate, SC Johnson, Osram and L’Oreal. DCS also owns the Enliven brand which is exported to 70 countries.
Denys Shortt, founder of DCS said: “Ever since we were ranked as one of Britain’s Fastest Growing Companies in 1998 we have wanted to win a place in the Top 250. 15 years later year we have done it.”
|
Location |
Rank (2012) |
Company/Sector |
Sales £m |
Profit £m |
Staff |
Year-end |
Main Shareholders |
|
Telford |
117 (208) |
CeDo/Household Products Maker |
235.5 |
14.6 |
2,354 |
Dec 11 |
Rutland Partners (50%); Others (50%) |
|
Walsall |
137 (n/a) |
South Staffordshire Water/Utility |
205.0 |
42.8 |
2,193 |
March 13 |
KKR |
|
Lichfield |
177 (n/a) |
Palletways/Freight Logistics |
177.5 |
2.9 |
455 |
May 12 |
Phoenix Equity Partners (72%); James Wilson (11%); Management (17%) |
|
Kenilworth |
7 (17) |
City Electrical Factors/Electrical Parts Wholesaler |
587.7 |
28.1 |
3,549 |
April 12 |
Mackie family trusts (100%) |
|
Meriden |
46 (103) |
Pertemps Network Group/Recruitment |
411.0 |
8.6 |
1,024 |
Dec 12 |
Management & Employees (75%); LDC & Others (25%) |
|
Warwick |
60 (n/a) |
Rybrook/Car Dealership |
356.2 |
3.8 |
744 |
Dec 12 |
Interamericana Trading Corp (50%); Whale family (50%) |
|
Warwick |
77 (79) |
Telent/Communications Support |
318.2 |
14.6 |
1,476 |
March 13 |
Tusk Investments (100%) |
|
Stratford-upon-Avon |
220 (n/a) |
DCS Europe/Toiletry products distributor |
148.4 |
3.5 |
266 |
Dec 12 |
Denys Shortt (100%) |
|
Warwick |
224 (n/a) |
First Utility/Energy supplier |
146.5 |
1.7 |
225 |
Dec 12 |
Management & Employees (61%); Morgan Stanley (10%); Others (29%) |
|
Walsall |
34 (n/a) |
RAC/Breakdown and Motoring Services |
457.0 |
124.0 |
3,535 |
Dec 12 |
Carlyle Group (100%) |
|
Halesowen |
147 (248) |
The Best Connection/Recruitment |
198.9 |
4.5 |
572 |
Nov 12 |
Management (100%) |
|
Hampton-in-Arden |
180 (n/a) |
Drayton Group/Car Dealership |
172.9 |
3.0 |
366 |
Dec 12 |
Guest family (77%); Ken & Jane Forbes (23%) |
|
West Bromwich |
223 (n/a) |
East End Foods/Indian food supplier |
146.6 |
5.0 |
325 |
April 12 |
Wouhra family (100%) |
|
Malvern |
122 (n/a) |
Westbridge Foods/Food service & logistics |
225.7 |
9.3 |
117 |
Dec 11 |
Peter McNeil (41%); Derek Wignall (25%); Sarah McNeil (24%); Evelyn McNeil (10%) More articles in
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